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Buoyant growth from rising exports | The Navhind Times

Buoyant growth from rising exports | The Navhind Times
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Top 20 Car Exports March 2023 – G Vitara, Verna, Seltos, City, Virtus

Interest Equalisation Scheme: DGFT Notifies Amendments

The Directorate General of Foreign Trade (DGFT) has amended the Interest Equalisation Scheme in respect of the Unique Identification Number (UIN).As per Trade Notice no. 38/2021-22 dated 15.03.2022.

"Foreign Trade Policy 2023 - progressive, growth oriented and in the right direction" - Sunil Patwari, Chairman, TEXPROCIL

Mumbai (Maharashtra) [India], April 4 (ANI/PNN): Welcoming the New Foreign Trade Policy 2023, Shri Sunil Patwari, Chairman, TEXPROCIL said "The FTP 2023 provides continuity with a responsive framework and progressive, growth oriented and in the right direction". One of the key highlights of the FTP 2023, Shri Patwari said, is that the FTP has no end date with allowance provided for any dynamic or real time amendments. He also added that other Policy features like moving from incentives to remission, focussing on Export Promotion through collaboration with exporters, states, districts and Indian Missions, promoting ease of doing business and emphasising on emerging areas like e-commerce and export hubs will provide necessary relief to the exporters who are badly hit due to the various disruptions in the economic activities. The FTP has further introduced the New Amnesty Scheme for one-time settlement of defaults in export obligation by Advance and EPCG authorisation holders. T

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